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Old 06-27-2016, 11:23 AM  
DaFace DaFace is offline
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Personal finance and investing megathread extravaganza

I know lewdog (and maybe others) have mentioned the desire to have a place to chat about personal finance stuff. We'll see if there's enough interest to keep this going in the long-term, but at least for now, here's a place to chat about whatever personal finance topics come up.



If you're just getting started thinking about saving and don't know where to begin, this flow chart can help. Ask for advice in the thread for more help!

Last edited by DaFace; 01-24-2018 at 03:49 PM..
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Old 06-02-2020, 12:43 PM   #5101
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You buying the dip?
Didn't sell. At this point buying the dip would average me up and no way I'm doing that.

I'm holding until I can't stand it anymore.

This is going to be like edging on pornhub all day.

When this hits the NASDAQ watch out boyeee
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Old 06-02-2020, 03:20 PM   #5102
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I don't know if I've mentioned this stock before, but even before the pandemic stuff I had a stock that was doing really well for me called SLP. It's a tiny company that develops software to do simulations of drug absorption and other molecular stuff. It's growing, profitable, and even pays a small dividend. For some reason it made a huge jump today, though I don't see any news. I'm not proposing it as a speculative thing, but I've had it a couple of years or more and it seems like a good long term hold if you're okay with microcaps.
SLP replaced TiVo in the S&P 600 today so I guess it's a small cap now. It's had a really good run
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Old 06-02-2020, 04:58 PM   #5103
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****ing GNUS

That shit is crazy.
Yeah, that's some good money. I've made over $1400 on this since last Friday.
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Old 06-02-2020, 05:12 PM   #5104
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The other thread is how to take bitcoin off the dribble
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Old 06-02-2020, 06:53 PM   #5105
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Quote:
Originally Posted by ChiliConCarnage View Post
SLP replaced TiVo in the S&P 600 today so I guess it's a small cap now. It's had a really good run
That seems like a good sign.
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Old 06-03-2020, 09:00 AM   #5106
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AMC signaling they won't survive the pandemic. Wonder who will buy them.
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Old 06-03-2020, 09:18 AM   #5107
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AMC signaling they won't survive the pandemic. Wonder who will buy them.
Amazon is talking about it....
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All kinds of people vote. Not enough of those people think highly enough of Trump to make him President but all kinds of people vote.
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So, if they were polling better than Trump and the primary goal was to prevent Hillary from becoming POTUS, perhaps it would have been a better strategic decision to nominate someone who actually had a chance of beating her and preventing that than nominating Donald Trump.
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Old 06-03-2020, 09:42 AM   #5108
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Let's ride.

https://finance.yahoo.com/news/nikol...153000657.html

- The combined company's shares to continue to be listed on Nasdaq under new ticker symbol "NKLA"

- Nikola raises more than $700 million through the business combination and PIPE, which includes Fidelity Management & Research Company, ValueAct Spring Fund and P. Schoenfeld Asset Management LP

- Raised capital expected to accelerate Nikola's production of battery-electric (BEV) and hydrogen fuel-cell electric vehicles (FCEV)

- Nikola's pre-orders represent more than $10 billion in potential revenue

- Nikola's hydrogen network anticipated to cover North America; set to become the largest hydrogen network in the world

- Nikola adds Stephen Girsky, current CEO of VectoIQ and former Vice Chairman of General Motors Corporation, to its Board of Directors
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Old 06-03-2020, 09:43 AM   #5109
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Amazon is talking about it....
This would be amazing. It will also be amazing when they get the NFLís directv package from AT&T
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Old 06-03-2020, 09:50 AM   #5110
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I've always shunned bonds because I've always had the view that long-term stock holdings are the way to go. But at some point soon I'm going to get on the glide path to retirement and I don't want to encounter turbulence. What do you guys know about municipal bond funds? Something that could get me a 5 percent consistent return without worry of dividend cuts would be nice. Something like NVG seems like it could do that. Thoughts?
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Old 06-03-2020, 09:56 AM   #5111
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Old 06-03-2020, 10:18 AM   #5112
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Bout ready to dump VISL and get in on GNUS at this insane price
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Old 06-03-2020, 10:46 AM   #5113
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VISL (current 0.43) is off and running. I think it's going to hit $1.

Quote:
company needs to fill contracts with private and government customers. Someone is pushing this up.....When it goes to over $1, they will be in compliance with Nasdaq. I'll bet they will make an ATM share offering to raise cash.....and it will run up again just like GNUS.
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Old 06-03-2020, 10:48 AM   #5114
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VISL (current 0.43) is off and running. I think it's going to hit $1.
How do you know when to cash out of penny stocks before they burn?
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Old 06-03-2020, 11:41 AM   #5115
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How do you know when to cash out of penny stocks before they burn?
Pure instinct. Don't get greedy. Look at the long-term history of the stock. That's how I played MARK.

Although technically, nothing I've cashed out of this year has "burned" anyone.

MARK is probably still a good long term play.

This can work for or against you - look at GNUS. Big dump and everyone who held is now riiiich, biaaatch! Wish I had bought at 2 instead of waiting for 1.50.

Also, read the room. No way I'm holding IBIO or VISL past the current crisis. Pandemic and riot plays.
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